The Bank of Maldives has announced an expansion of its digital services, allowing customers to access all banking services online from the first day of Ramadan 2025.

With this enhancement, customers can complete transactions without the need to visit a branch. Essential banking services will remain accessible 24/7 through BML’s digital channels, including:

From March 1, 2025, new digital services will further simplify banking for both personal and business customers. Personal customers will benefit from digital onboarding, enabling instant online account opening, while existing customers can continue to apply for additional accounts online.

Loan and financing applications, including those for home purchase, construction, and business purposes, can be submitted digitally. Business customers will have access to instant online account opening, and ATM withdrawal limits for business cards will be increased to MVR 200,000, removing the need for cheque transactions.

International banking services will be enhanced with the introduction of instant inward remittances, allowing incoming foreign transfers of up to USD 10,000 to be credited after verification. Outward remittances of up to USD 5,000 will be possible via telegraphic transfer (TT) or international money transfer services through BML Mobile Banking.

Additional improvements will enhance customer convenience:

While BML’s digital services will remain available throughout Ramadan, branch visits will be possible between 9:30 am and 12:30 pm on all working days during Ramadan and the first seven days of Shawwal. During the last 10 days of Ramadan, branches will remain closed, except on March 27th and 29th, 2025.